The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in May on a seasonally adjusted basis after rising 0.8 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 5.0 percent before seasonal adjustment; this was the largest 12-month increase since a 5.4-percent increase for the period ending August 2008. source: U.S. Bureau of Labor Statistics
Consumer Price Index CPI in the United States averaged 116.74 points from 1950 until 2021, reaching an all time high of 268.55 points in May of 2021 and a record low of 23.51 points in January of 1950. This page provides the latest reported value for - United States Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Consumer Price Index (CPI) - values, historical data and charts - was last updated on June of 2021.
Consumer Price Index CPI in the United States is expected to be 271.95 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Price Index CPI in the United States to stand at 270.62 in 12 months time. In the long-term, the United States Consumer Price Index (CPI) is projected to trend around 275.58 points in 2022 and 280.81 points in 2023, according to our econometric models.